A.P. Cabinet nod for Quantum Computing Centre in Amaravati, Bulk Drug Park expansion at Nakkapalli
Addressing the media after the Cabinet meeting, Information and Public Relations (I&PR) Minister Kolusu Parthasarathy stated that the government anticipated an investment of ₹4,000 crore through the proposed Quantum Computing Centre in the capital.
He announced the Cabinet's approval for acquiring an additional 790 acres of land for the Bulk Drug Park proposed at Nakkapalli.
The Cabinet also approved the Andhra Pradesh Space Policy 2025–30, aiming to make the State a hub for space-based industries and research.
Other important decisions include approval for loan guarantees from HUDCO and facilitating a fund of ₹10,000 crore to improve drinking water supply infrastructure.
The Cabinet gave its nod to construct facilities for the World Economic Forum in Amaravati, aligning with the government's global investment outreach. The son of freedom fighter Thota Chandrayya would be offered a government job, recognising the services redered by the family to the nation, he said.
Green tax reduced
The Cabinet took a corrective step on environmental taxes, reversing the steep increases imposed by the previous government. 'The YSRCP government had increased the green tax. We have reduced it by up to ₹3,000 now,' he said, adding that these decisions mark the State's strategic push towards infrastructure, industry, and technological advancement
The Minister said that the Cabinet approved the proposal to provide a shortfall guarantee to Andhra Pradesh Airports Development Corporation Limited, and permit it to secure a loan of ₹1,000 crore from the HUDCO.
This loan is intended to meet the expenditure for the development of airports at Kuppam, Dagadarthi, Srikakulam and Amaravati, providing Viability Gap Funding (VGF) support for the Kuppam airport, and clearing urgent pending liabilities of the APADCL, he added.
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